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steve, what do you think of this romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly
after the election. romney losing more tax returns. turns out he was right about what he paid. welcome to "the willis report." ♪ ♪ gerri: hello everybody. i am gerri willis. outrage tonight over small investors being ripped off. it has been the focus of that investigation this week. a big issue being debated on capitol hill. this is something every individual investor at home should be concerned about. if you have a 401(k), and ira, a savings plan for your kids, grandkids, listen up. this involves you. warning that high frequency trading firms are putting your money and global system at risk. joining us now richard grasso. it is great to have you here. an absolute pleasure. >> gerri, it is an absolute pleasure to be here. gerri: investors are losing confidence. losing confidence that time. some 15% of americans polled say they don't have trust in the stock markets. what is behind that? >> it is very sad. it could not come at a worse moment. if you look at what is happening since may 2010, everyone has been railing against so-called high-frequency trading, algorithmic trading. no on
no republican has won the white house without it, and bad news for mitt romney: it's tilting toward president obama. but mitt isn't having it, trying to get ohio voters to the right by focusing on the economy. >> with incomes going down, every year, every year going down, down, down. prices of electricity up and health insurance up and the cost of gasoline, having doubled, these are tough times. even for families with jobs. i know what it takes to get this economy going again. cheryl: so what would a tax plan under a romney/ryan administration look like? rich edson breaks it down for us. rich? >> reporter: well, cheryl, democrats call it a giveaway to the rich at the expense of the middle class. republicans say they're wrong, and this morning governor romney defended his tax plan. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. by bringing rates down, we'll be able to let small businesses keep more of their money to hire more people. >> in the end the details are really up to congress. romney's proposed cutting every t
of likely voters think that president will win this first debate, and 41% think that romney will win. joining me now, ed klein, author of "new york times" best seller "the amateur." great to see you, this is cute, the downplay, one of these, i can't think of another moment of modesty on the part of this president other than this example of trying to manage expectations. >> the golden-floated orator is bumbling,. lou: the idea he is such a heavy favorite to win the debate, that has to work in governor romney's favor. >> almost 6 out of 10 americans think that obama will take this debate, romney goes in as under dog with low expectations, if he does well, he will exceed those expectations. i think he has a good chance of winning this debate. lou: what about, you made it clear, you are not overly impressed with the mr. obama's capabilities, he is no bill clinton in that regard. hollywood will be prompter-free. >> we've seen obama say there are 57 states in the union, then he goes, some kind of -- takes over his face, and it looks like he is caught in the lights like a deer. when he does
at the united nations. governor romney was a new york. speaking at the clinton global initiative. the republican nominee did not miss an opportunity to criticize the president's reaction to the anti-american sentiment that has swept the muslim world. fox news chief white house correspondent ed henry with our report. >> reporter: after days of anti-american violence burning all across the muslim world, the iranian military pledged -- flex its muscles by unveiling a new drug they claim against the in the air for 24 hours and fly over 1100 miles, enough to reach israel and various u.s. military bases throughout the mideast. as the tensions grow new york city posted to presidential nominees of ring to vastly different visions. president obama address the general assembly and suggested he has little ability to shapeless happening on the ground. >> as we can solve every problem and the world the united states has not and will not seek to dictate the outcome of a democratic transitions abroad. >> reporter: a few minutes earlier republican mitt romney appeared with former president bill clinton at the i
're doing the opening bell, but they're up. now to the election, governor romney took some heat out and talking about the americans who will not vote for him. listen to this. >> who believe they are entitled to health care, food, housing, you name it, the entitlement and the government will vote for this president no matter what. stuart: recent figures showed the number of people not paying federal income tax has spiked under president obama. 47% is a legitimate figure. and the latest fox news poll shows voters are fed up. when asked if all americans should be required to pay some kind of federal income tax, 79%, yes, they should. and joining us with americans for tax reform, maddie go through it for me fast. how did the spike happen? i believe there was a spike in the number of people not paying any federal income tax at all. >> right, we've got romney talking about this and the media saying that this is, you know, him insulting, inelegant, a problem talking about it, what it is a referendum on obama policies and the state of the economy. what we've seen are incomes falling and peo
-stakes of the first debate has candidates leaving. nothing to chance. president obama and governor romney racing to get in last minute prep before going face-to-face first debate next wednesday in denver that is. what should we expect? let's ask bill kristol, editor of "the weekly standard" and byron york, chief political correspondent for the "washington examiner". welcome to you both. byron, i'll start with you. what does romney have to do to show up roads in here. even voters say they don't expect him to win? >> well the thing, he has to do the same thing he had to do all along which present himself as a good alternative to the president who will take the country in a different direction than the president and can point out the numerous flaws in the president's record. i mean, i wonder whether romney has actually been preparing too much. he has been doing enormous amount of this stuff. he did a unabout much of debates in the republican primaries. it got to where he was quite sharp. whether he is lost his edge by now i don't know. gerri: bill, you've been very critical of romney saying that in
's "the view", the president continues his line of class warfare against mitt romney. listen to this. >> governor romney on 60 minutes was asked does he think it's fair that he pays a lower tax rate than somebody making $50,000 a year and he said yes, i think it's fair, and i also think that's the way you get economic growth. i just got a different vision about how we grow an economy. i think, barbara, that you grow an economy from the middle out, not from the top down. stuart: that's the friendly audience of "the view." also on the president's agenda today addressing the united nations general assembly. the president though will not meet with any world leaders after his speech. and when asked by the hosts of "the view", why he isn't meeting with his counterparts he said i'm just supposed to be icaey eye candy for you guys, end quote. attack mode, that team is getting sharper edged more combative, the team of romney ryan. paul ryan clearly went off the president on foreign policy, listen to this from yesterday. >> turn on the tv and it reminds you of 1979 tehran, when they're burnin
state, and it is getting expensive. president obama and challenger mitt romney said to campaign in a higher later this week. paul wright and leading the way today trying to rally the troops in an effort to us away the momentum away from the president. jeff flock exclusively sat down with republican vice-presidential nominee. and he joins me now. all right, he did not hold back on his criticism for the presidents, correct? >> reporter: that's right. he is not held back, and there are some republicans who have been somewhat critical of paul ryan's performance, wanted to see a little bit more explanation. the one we are used to with the church, the house budget committee. we have not quite seen that yet. given the fact that here in ohio and other states, a key swing states like florida, some of the poll numbers are starting to move toward president obama. whether or not paul ryan needs to change his approach. what ryan says, his campaign is on track to win. >> at the final analysis when people see the very clear choice that we are offering, the contrast to two different visions a d
some analysts. apple shares are taking a hit. mitt romney fighting back against critics who say he didn't pay his fair share of taxes. we will ask grover norquist, president of americans for tax reform about that very issue in a big interview last night. and union problems are forcing american airlines to cancel over 300 flights over the weekend with more cancellations expected. we have an analyst coming up during this hour of markets now. and it is the top of the hour right now. stocks of course now and every 15 minutes with nicole petallides on the floor of the new york stock exchange. let's talk more and more about apple here. nicole: what's really interesting is what did they actually do? they sold over 5 million iphone 5s this weekend. right? and now they are running out and there are shortages and tim cook is saying being patient. we will get them out as fast as we can. the stock is lower right now. some of the analysts were thinking 8 million would be sold. despite the fact it was more than 5 million, that was a record for apple but didn't meet expectations. over in asia they had
and address the liability issues. for what that is worth. >>> does mitt romney need to get a clearer message out on taxes? lou dobbs weighs in. take a look how the 10-year and 30-year treasury are trading right now. we were listening to ben bernanke a short time ago. you see yield on that, down a basis point. we'll be right back. >> i'm dennis kneale with your fox business brief. u.s. builders trimmed their activity for a second straight month in august. construction spending slipped .7 of 1% to seasonally adjusted $837 billion. >>> honda expanding north american recall to include more than 600,000 accord mid-sized sedans. the recall aims to address a potential power steering fluid leak that could cause a fire under the hood t affects 2003 through 2007 model years equipped with v-6 engines. >>> more of us are getting our news on the go. a new pew research survey more than half of adult americans own a tablet computer or smartphone. one-third to view news as stories and video clips at least once a week the survey found 20% of mobile users said they paid for online subscription in the last yea
dowell. where is the miscommunication, romney's strength as a businessman but he's not connecting with voters when it comes to the economy. connell: we will talk about that. then the secretary of state takes on the global elite. clinton says the rich around the world not just here should pay higher taxes. dagen: the co founder of one of america's greatest companies now wants to become a citizen in another country. connell: top of the hour, stocks now and every 15 minutes beginning with nicole pet petallides -- nicole petallides, let's talk about facebook. nicole: over the weekend with facebook on the cover of barron's, with the down arrow, right? $15, certainly just saying it was still too pricy at the current levels, the stock sold off. here it is now gaining about 1/2%. but still for this week alone, down 9%, just in these two trading days, so it shows you that's still under significant pressure. mark zuckerberg of course time it sold off and it was lower was saying buy, double down, you know, pick it up but someone like barry diller and some insiders say well mark zuckerberg is young, his
in ohio is a must-win state. tax the rich, says the president, grow the economy says mitt romney. and the rasmussen poll will be released and you'll see it. good news, gas prices started to come down and triple-a says we're down about 7 cents a gallon from the peak. good news. how about this stock? a goldstar for chicago teachers, awarded by two top union officials, what a way to start the week. here we are ready to go and apple is down big. "varney & company" is about to begin. night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. ♪ >> all right. it is monday, september 24th, six weeks to go and the election campaigns have returned to the economy as issue number one. ohio sets
's going on. dagen: what's going on with mitt romney, he can't seem to put together a cohesive discussion about the state of the economy that is resonating with voters. you mentioned in the column that he was talking about trade cheaters and energy independence, which seem wholly removed from what is really happening right here right now on the ground for the american people. >> well, the ads that target china as a trade cheater are aimed at voters in northern ohio and around the great lakes where the auto workers are, but obama has been running his own ads hitting china, so i think they kind of neutralize one another. we had a report this morning that durable goods orders have dropped the most since january 09. orders for motor vehicles and motor vehicle parts dropped 11% in august. whatever obama did to bail out the auto industry, those people working in the industries in the northern ohio are the ones affected by a figure like that. and i don't quite understand why romney isn't going directly at obama's economic record, while obama has been president. connell: because in that part of t
a president romney and say that president romney came in and started to cut back on some of these welfare benefits, some retirement benefits i think you could see, remember what we saw in madison, wisconsin, people taking siege of the capital there. i think you could see that breaking out all over the place. it is a scary scenario but it could happen. the good news we're not nearly far down the path to ruin as europe is. i don't think we're anywhere close to facing their economic problems but the political ones are different. melissa: it is a two-prong question, are we close to europe in the financial sense, debt sense and heading down that road? >> right. melissa: there is the cultural question would americans really have the will to riot like this with molotov cocktails? i have a hard time seeing this blow up. but at the same time, occupy wall street, the beginning, it wasn't like this but it was still more vocal than i thought it would be the. >> right. melissa: talk about the financial one first. >> the financial one, look i'm one who doesn't think we're like europe. first of all we a
today to push the romney plan for a stronger middle class. in a fox business exclusive our very own rich edson sat down with ryan in the important swing state. >> melissa, when you talk about ohio, the other swing states like florida, the problem for the ryan-romney campaign they're beginning to see a little bit of an opening for president obama. he is picking up steam in some of the polls here. we asked congressman ryan what they could do to try to address that. he is basically saying don't worry about it. if we highlight enough how bad the economy is, when election day comes around they will win this thing. we also spoke about the comments that governor romney had made a couple of months ago talking about those americans, nearly half of them pay no federal income taxes. >> because of the stagnant obama economy, more able-bodied people are dependent upon the government because they have no opportunities in this economy. what mitt and i are trying to do, say, here are the ideas to get growth, to get jobs created so workers can have job security and higher take-home pay. here is how you g
in china. >>> mitt romney's energy plan for drilling and mining on public lands will create millions of jobs and bring millions for state revenue. so who should be in control, the state or the feds? we'll be discussing that, coming up next. ♪ . i know the name of eight princesses. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. thank you, mr. speaker, uh,ice businmemb
romney/derian tax plan could call to an end to long for a standing tax codes items. rich edson joins me now with who wins and who loses with the proposed plan. rich: democrats claim this will hit the middle class and cut taxes for wealthy americans. a fox business exclusive republican candidate paul ryan says wealthy americans like mitt romney will pay more. >> here's how it works. higher income people can use lots of tax shelters to shelter their income from taxation. close those tax shelters and more income is subject to taxation which allow us to lower tax rates for everybody. rich: some families and businesses will pay more because there will be fewer deductions. others will pay less with lower rates and in theory it balances out. for who is paying more or less we don't have those details from the romney campaign. they refuse to say how much the deductions they have to curb or even many to accomplish their goal. a senate source tells us the supercommittee discussed a rate cut and preliminary assumption show the cost of $1 trillion over ten years. congress has not officially run thos
romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast majority of americans believe everyone should pay some federal income tax, but is a fix for that a sure los
to the country with the clear choice. it's a choice election where you decide do you want the romney plan, pro-growth policy, gets people on track, or more of the same four years of president obama, 15% poverty rate, unemployment above 8%, 43 months, 23 million people struggling for work. >> is there something in the polls you have to change about your message? scot walker wants to see more of paul ryan of old on the campaign trail? anything you can specifically -- >> scott is a backer of mine, but what at the final analysis when people see the clear choice, the contrast of the two visions, we'll be fine. you know why? because president obama's not working. he's failed leadership, not tacklinged the debt crisis, crammed through a one size fits all government takeover the health care, taking over the financial services sector with regulations, stifling energy creation with the regulations. he's promising huge tax increases in january. that just gives us more economic malaise. it's the greatest -- >> 47% talk we heard so much about, what is it about the 47%? is it the government? is it a change
is advising the romney campaign. professor, good to see you, are we in a recession? >> no, we're not in a recession. we're not doing well. the eeonomy is doing very badly. but i was in europe last week and said that to some of my european friends who say, by comparison, with conditions in europe you guys are okay. david: but look at this. 1.3%. we keep going down. >> right. >> it was in 2009, it was higher than it was in 2010 and than it is now. we're going in the wrong direction. >> first quarter of the year was 2%. it dropped to 1.3. last time i was on this program i said we would be lucky, very lucky to get to 2% this year. we're not going to get to 2%. david: marti feldstein says no way we'll get 2% growth. >> we'll have very slow growth. we have the terrible unemployment. 8.1% unemployment rate. if the labor force participation rate hadn't fallen --. david: if people hadn't pulled themselves out of the job market. >> we would be back where were a year ago at 9.1. david: why is the economy doing so poorly? >> i think there are a lot of reasons. i think the cloud of tax inc
us know. >> mitt romney's tax rate was 14% and gave $4 million to charity to boot. did he pay his fair share? tax returns hurting the run for the presidency? the senior economic writer steven moore joins us this hour. >> time for stocks as we do every 15 minutes. nicole is standing by. nicole, stocks going to the downside here. >> that's right. last week, by the end of the week, felt like we went nowhere fast, but today is a clear picture. in the red all dang long. dow is one quarter of 1%. the nasdaq down three quarters of 1%. there is pressure here coming along with a stronger dollar. we had a weaker euroowe. the german business confidence numbers weaker again. that does not bode well. as far as the european picture, but at the same time, we have the business activity index in that rose. i know you'll delve into this, but we're talking about apple's iphone5 selling 5 million units this weekend. that blows it out of the park compared to the prior iphone4 release setting its own record by what we saw this weekend, but there were analysts expecting 8 million sales and 5 million is
dishonest. somehow, they think that people will buy it. dagen: dishonest is a big word. mitt romney has alluded towards meeting to let congress -- this will be a comprehensive tax reform. >> if you do not tell the american people it darkly where you will get all of this revenue so you can get a tax break to everybody, and you are not preparing the way, not getting a mandate so once you are collected you can actually do something. will they get rid of the health deduction looks like yes or no. will they wipe out the retirement deductions? yes or no. they will not name a single name and i think it is a vindication of how far the republican party has gotten lost. we cannot afford any tax cuts. we have to deal with our deficit. that will mean spending cuts for everybody. dagen: is it a mistake to run on this at all? how can you focus been on, because the issue is growth and jobs. how do you run and talk about that without linking tax policy to it somehow? the opposite would be saying we will get rid of these deductions. some people taxes will go up. that will not win you to white house, wil
prediction numbers show wall street spending president obama will easily win reelection. mitt romney, 75% to 25%. wall street is buzzing about the next obama treasury secretary. charlie gasparino -- we will talk about -- charlie: regular raffs screw up all the time too. i like roger goodell. we won't go there. let's talk about wall street. we should check out so people understand these numbers wall street is heavily supported according to the latest data. 75 to 25 with financial institutions and executives going to the latest. that changes when it looks like one side is winning and it looks like obama is winning. the next batch of numbers could be different but as of right now i snapshot. they want romney to win. is a different dynamic. in trade is the prediction. wall street guys and traders betting on who would win. they are betting overwhelmingly that obama is going to win and when you talk to people, and what is coming next. who is going to be primary regulators and the person calling shot? federal reserve, big-name for wall street, the primary regulator and banks and they play a big
of democratic transitions abroad. campaign surprising and significant economic impact. romney says he will address china cheating on trade and they romney aide confirms to fox business he would officially labeled china a currency manipulator. that is a step the obama administration has decided against taking. the obama administration has applied pressure where necessary filing international trade cases and other products. officials say with the u.s. searching china's currency has appreciated and manufacturers may like this increasingly tough talk on china american importers that rely on chinese-made products sell in the united states. >> john snow under president bush, a currency manipulator, tried to manipulate or at least soften what was happening in china but this is not incumbent or maybe he is right that you can't really tell china what to do. what you looking at? liz: senator chuck schumer sale of spike in the number of truckers crashing into bridgees and overpasses on highways where they don't belong. eight of ten of these crashes was two hundred year is caused by truckers bein
keep working that way into the public discourse. governor romney says president obama has failed to lead the region into a more secure future the president told the united nations that the administration can only go responsibly so far to influence and encourage fledgling democracies. >> just as we can not solve every problem in the world the united states has not and will not seek to dick kate the outcome of democratic transitions abroad. >> speaking at clinton global initiative republican challenger mitt romney said the obama administration is loading control in the middle east. >> a lot of americans, including myself, are developed, excuse me, troubled by developments in the middle east. we somehow feel we're at the mercy of events rather than shaping events. >> there are international disagreements focused on trade with china, with romney charging the administration is soft on chinese trade and currency violationlations. the admin -- administration points out it charged levees on products from china and encourages acting on currency which they say is slowing happening. ashley:
). they still want their pensions. it is a damn good part-time job. mitt romney's energy plan leads to the whole debate over who should control drilling and mining. the state or the federal government? >> it is part of governor romney's energy plan. it will remove federal control over energy production. this is a sensitive issue in the western part of the country. unlike places like oil rich north dakota where the state businesses run the most things -- companies must go through an extensive permitting process that can take months to years. the romney plan changes the timeline. it speeds it up. it gives them more power to work with regulators. something industry argues could be good for everyone. >> protect resources and still produce energy. the amount of impact we are talking about is very very little. >> it is shortsighted because all it focuses on our giveaway to big oil campaign supporters. it is not big about what our energy mix needs to be five, 20, 50 years into the future where we have to make sure we have nonpolluting sources of energy like wind, solar and other forms of renewable ener
Search Results 0 to 31 of about 32 (some duplicates have been removed)